Private investments in Malaysia's ETP rise at 11% in 2014
Kuala Lumpur
MALAYSIA said on Tuesday private investments in its flagship economic development programme rose at a steady 11 per cent in 2014, with the country halfway to becoming a high-income nation by 2020.
Investment commitments in the private sector rose to RM146.1 billion (S$54 billion) from RM131.7 billion a year ago, Prime Minister Najib Razak said on Tuesday as he introduced the annual report of the Economic Transformation Programme (ETP).
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons